#SaylorBTCPurchase 💥Inescapable figure of institutional bitcoin, Michael Saylor sees his legitimacy questioned today. The co-founder of Strategy (formerly MicroStrategy), who made BTC the heart of his business strategy, is the subject of a class action lawsuit. Investors accuse him and his executives of deceiving the market by hiding key information about the financial viability of their massive bitcoin accumulation policy. This represents a potential legal setback for one of the most fervent advocates of the leading cryptocurrency.

An invisible investor or researcher (only their hand is shown) tries to open a thick metal filing cabinet.

Michael Saylor, co-founder of Strategy (formerly MicroStrategy), is subject to a class action lawsuit for alleged violations of federal securities laws.

Investors, represented by the firm Pomerantz LLP, accuse the company of having concealed the real risks related to its investment strategy in Bitcoin.

The lawsuit covers a key period, from April 2024 to April 2025, during which Strategy reportedly made statements deemed "materially false and misleading."

The case could set a precedent and reignite the debate on the accounting transparency of companies exposed to cryptocurrencies.